SLR Credit Solutions Agents – $ 130,000,000 Term Loan to Revlon

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BOSTON – () – SLR Credit Solutions (“SLR”) has announced the closure of a senior secured last term loan of US $ 130,000,000 for Revlon (the “Company”). Revlon, founded in 1932, is a leading global cosmetics company offering innovative and state-of-the-art make-up, skin care, hair dye, hair care and perfume products under brands such as Revlon, Elizabeth Arden, Almay, CND and American Crew.

The proceeds from the transaction were used to refinance existing debt and provide the Company with increased liquidity and flexibility to continue to grow its business.

“We are delighted to be partnering with SLR Credit Solutions,” said Victoria Dolan, Chief Financial Officer of Revlon. “SLR was able to provide a $ 130,000,000 loan through a recent refinancing process and worked very effectively with our revolver lender MidCap Financial to close the deal quickly. Their extensive experience in consumer products and their ability to work with MidCap was instrumental in our decision to work with the SLR team. ”

Tyler Harrington, Managing Director of SLR Credit Solutions, added: “It was a pleasure working with the Revlon and MidCap Financial management team to complete this transaction. Revlon has successfully tackled a very challenging business environment during 2020 and is now well positioned to grow. We hope for a long-term mutually beneficial partnership. ”

About SLR loan solutions

SLR Credit Solutions (f / k / a Crystal Financial), a portfolio company of Solar Capital Ltd., is a leading provider of direct private loans focused on the creation, underwriting and management of both asset-based and cash-flow-based financing from 25 to 125 US dollars. million to medium-sized companies. Since its founding in 2006, a team of experienced and responsive professionals have provided over $ 4 billion in secured debt obligations across a wide range of industries. For more information please visit www.slrcreditsolutions.com

About Revlon

Revlon has a long-standing reputation as the color authority and trendsetter in the world of color cosmetics and hair care products. Since its breakthrough release of the first opaque nail enamel in 1932, Revlon has provided consumers with high quality product innovation, performance and sophisticated glamor. In 2016, Revlon acquired the iconic Elizabeth Arden company and its portfolio of brands, including fragrances from top designers as well as celebrity fragrances. Today, Revlon’s diversified portfolio of brands is sold in approximately 150 countries across the majority of retail channels, including prestigious, salon, mainstream and online. Revlon ranks among the world’s leading cosmetics companies, offering some of the most iconic and sought-after brands and products in the make-up, skin care, hair dye, hair care and perfume industries under brands such as Revlon, Revlon Professional, Elizabeth Arden. Almay, Mitchum, CND, American Crew, Creme of Nature, Cutex, Juicy Couture, Elizabeth Taylor, Britney Spears, Curve, John Varvatos, Christina Aguilera and AllSaints.

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